Knowledge Marine & Engineering Works Limited · NSE:KMEW
Knowledge Marine & Engineering Works — H2 FY2023 Earnings Presentation
29 slides from Knowledge Marine & Engineering Works's earnings presentation, May 31, 2023
Slide 1: Intimation under Regulation 30 - Investor Presentation
KNOWLEDGE MARINE & ENGINEERING WORKS LIMITED Ship Builders, Repairers, Charterers and Marine Contractors CIN: L74120MH2015PLC269596 Ref: KMEW/IP/2023-24/01 Date: 31/05/2023 To, BSE Limited, Phiroze Jeejeebhoy Towers Dalal Street Mumbai – 400001 Scrip Code Symbo ISIN 543273 KMEW INE0CJD01011 SUB: Int
Slide 2: Earnings Presentation | H2 & FY23
Knowledge Marine & Engineering Works Ltd. Earnings Presentation | H2 & FY23 1
Slide 3: Success Story of Entrepreneurship
Success Story of Entrepreneurship Mr. Sujay M Kewalramani, Chief Executive Officer Mr. Sujay M Kewalramani Chief Executive Officer The success story of the KMEW in a short span of time can be attributed to the grit, determination, vision, and perseverance of Mr. Sujay Kewalramani, who, with the supp
Slide 4: Track Record of Execution & Delivery
Track Record of Execution & Delivery Acquisition of 1st Rock Dredging Attained 1st work contract Induction of TSHD River Successful listing of Contract from DCI at Mangrol from Kolkata Port trust Pearl 4 at Kolkata Port for Company’s share at BSE SME Fishing Harbour 5 years Platform on 22nd March Ac
Slide 5: KMEW - A global player today
KMEW - A global player today Key Services Major Customers Dredging Owning, Operating and Chartering of Ship Building and Repair of Marine Domestic Contracts • Capital Dredging Port Ancillary Crafts Crafts • Maintenance Dredging • Pilot Boats • Building Ships, Boats etc. o Deendayal Port Authority •
Slide 6: Our Assets & Services
Our Assets & Services
Slide 7: Dredging Services
Dredging Services What is Dredging Dredging Process Dredging Types KMEW Projects • Process of removal of Excavation of the material Capital Dredging: Removal of 01 from the sea/riverbed sediments and debris from the sediments which have not been • Sittwe Port, Myanmar bottom of oceans and harbors pr
Slide 8: Dredging Marine Assets: Constructed and Deployed
Dredging Marine Assets: Constructed and Deployed Vessel Gross / Net Year Built / Dimension Loaded Engine Vessel Description Speed Vessel Rebuilt / BHP / RPM (L x B x D) mts Draft (mts) Make (Knots) Tonnage Builder 2016 Grab Hopper Dredger 6 622 / 201 Dhanotra 51.0 x 12.0 x 3.6 3.1 Cummins 325 x 2 de
Slide 9: Application of Port Ancillary Services
Application of Port Ancillary Services Pilot Boat Patrol Boat Survey Boat Mooring Boat Tug Boat/Service Boat Hopper Barge Pilot boats are small ships that Patrol boats are primarily used It is a ship or boat equipped Mooring is a procedure to Tug boat eases the Hopper barges play a crucial take mari
Slide 10: Port Ancillary Crafts: Constructed and Deployed
Port Ancillary Crafts: Constructed and Deployed Vessel Gross / Net Year Built / Dimension Loaded Engine Vessel Description Speed Vessel Tonnage BHP / RPM Builder (L x B x D) mts Draft (mts) Make (Knots) (tons) Survey-cum-pilot 2017 boat deployed at 12 113 / 34 Katale 24.5 x 5.5 x 3.0 1.3 Cummins 600
Slide 11: Order Book & Visibility
Order Book & Visibility
Slide 12: Order Book Overview
Order Book Overview Rs in Crores Deployed Balance Completed (as Contract Start Customer Name Order Book Tenure Vessel Contract on 31.03.2023) Date Ministry of External Affairs River Pearl 8 212.00 60.36 151.64 14/01/2022 2.9 years Kolkata Port Trust River Pearl 4 108.00 32.25 75.75 14/09/2019 5 year
Slide 13: Future Outlook
Future Outlook
Slide 14: Dredging Industry Dynamics
Dredging Industry Dynamics Policy Support Other Opportunities o Sagarmala, a project of Government of India (GOI) in 2015 to set up o India dredging market is expected to grow at a CAGR of nearly 4.4% during 2020-2026. The industry is significantly driven by the increasing mega ports; modernize port
Slide 15: Growth Opportunities
Growth Opportunities Order Book Visibility Other Initiatives Orderbook Visibility The company has expressed Participated in bidding interest in projects worth ~Rs 1,100 cr. 01 06 for several National Waterway projects Plans to tie up with Private Till now, Order wining Organisations such as ITD succ
Slide 16: Growth Strategies- New Segments
Growth Strategies- New Segments 01 02 03 04 Cutter Suction National Waterways Fishing Dam Dredgers (CSDs) Contracts Harbour Disiltation o CSDs are hydraulic dredgers, have o Indian inland waterways has a o Plans of developing and operating o The company has strategic plans the ability to dredge near
Slide 17: Management Team
Management Team
Slide 18: Management Team
Management Team SAURABH DASWANI KANAK KEWALRAMANI SUJAY KEWALRAMANI JAGAT JIBAN BISWAS Managing Director Whole Time Director and CFO Chief Executive Officer Non –Executive Director o Responsible for overall o Has over 14 years of o Over 17 years of experience in o Hold rich experience of more manage
Slide 19: Management Team
Management Team DINESH KEWALRAMANI PINKESH KEWALRAMANI SANDEEP ZAVERI ASHISH M MOHANDAS Chief Operations Officer Chief Technical Officer Independent Director Independent Director o Over 14 years of experience in o Over 7 years of experience in o Have rich and varied o Over 12+ years of experience th
Slide 20: Financial Performance H2 & FY23
Financial Performance H2 & FY23
Slide 21: FY2023 Highlights
FY2023 Highlights Consolidated Financial Highlights Operational Highlight Revenue from Growth Growth NET PROFIT DREDGING % of Revenue Operations Rs. 2,015 Rs. 472 Rs. 1,955 97% mn 230 % mn 126 % mn GROSS PROFIT Growth NET CASH OTHER % of Revenue ANCILLARIES Rs. 785 Rs. 414 mn 105 % mn Rs. 60 3% mn E
Slide 22: Financial Highlights – H2 & FY23
Financial Highlights – H2 & FY23 Revenue from Operations Gross Profit Rs in mn +230% +38% +105% 2,015 389 785 281 +88% 383 788 611 419 H2FY22 H2FY23 FY22 FY23 H2FY22 H2FY23 FY22 FY23 EBITDA PAT +37% +112% +43% +126% 339 687 234 472 248 163 324 209 H2FY22 H2FY23 FY22 FY23 H2FY22 H2FY23 FY22 FY23 21
Slide 23: Historical Financial Highlights
Historical Financial Highlights Revenue from Operations Gross Profit & Gross Margin (%) Rs in mn 785 2,015 +104% 383 39% 63% 611 113 173 333 47% 52% 239 2020 2021 2022 2023 FY2020 FY2021 FY2022 FY2023 EBITDA & EBITDA Margin (%) PAT & PAT Margin (%) 687 472 324 209 34% 53% 23% 77 132 68 34% 40% 43 32
Slide 24: Key Ratios – FY23
Key Ratios – FY23 Return on Equity (%) Return on Capital Employed 53 56 57 52 52 37 31 32 2020 2021 2022 2023 2020 2021 2022 2023 Return on Assets (%) 31 29 16 14 2020 2021 2022 2023 23
Slide 25: Leverage Profile
Leverage Profile (Rs. mn) Mar-23 Mar-22 Total Debt / Equity (x) Short Term Debt 199.3 92.0 1.55x Long Term Debt 42.1 172.0 Total Debt 241.4 264.0 0.63x Cash and Cash Equivalents 655.3 226.0 0.56x Net Debt / (Net Cash) (413.9) 38.0 0.18x Equity 1,340 473.6 FY2020 FY2021 FY2022 FY2023 All existing deb
Slide 26: Profit & Loss Statement – H2 & FY23
Profit & Loss Statement – H2 & FY23 Particulars (Rs. Mn) H2FY23 H2FY22 Y-o-Y Change % FY23 FY22 Y-o-Y Change % Revenue from operations 788.2 419.5 87.9% 2015.3 611.1 229.8% Cost of Material Consumed 399.4 138.2 1,230.2 228.4 Employee Expenses 21.3 15.3 39.4 26.8 Other Expenses 28.4 18.1 58.8 31.7 EB
Slide 27: Balance Sheet
Balance Sheet ASSETS (Rs. Mn) Mar-23 Mar-22 Equity & Liabilities (Rs. Mn) Mar-23 Mar-22 ASSETS Equity Non ‐ Current Assets Equity Share Capital 108.0 102.4 Property, plant and equipment 588.3 525.8 Minority Interest 26.2 24.2 Right of Use Assets 0.0 0.0 /Other Equity 1232.0 371.3 Capital work‐in‐pro
Slide 28: Cash Flow Statement
Cash Flow Statement Cash Flow Statement (Rs. Mn) FY23 FY22 FY21 Cash Flow from Operating Activities Profit before Tax 633.8 280.1 94.8 Adjustment for Non-Operating Items -53.6 45.5 36.5 Operating Profit before Working Capital Changes 687.3 325.6 131.2 Changes in Working Capital -326.5 82.6 -64.4 Cas
Slide 29: Thank You
Company : Knowledge Marine & Engineering Works Ltd www.kmew.in Mrs. Kanak Kewalramani Director & Chief Financial Officer kanak@kmew.in Investor Relations Advisors : Orient Capital (a division of Link Group) Mr. Ronak Jain +91 9820950544 THANK YOU ronak.jain@linkintime.co.in Mr. Rajesh Agrawal +91 99
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